GBP JPY a promising sell setup.!!!!
I can see that the corrective fall from 156 is still unfolding as an ABC with the end of wave A at 148.45 and now wave b is unfolding also in 3 waves and now we are in the final 5th wave of C wave of B
SO as we can see in chart we are about to see another high beyond 152.12 then a huge fall to 147 area
Recommendation:
Sell limit entry at 152.35 SL 152.90 TP 147.75
SO as we can see in chart we are about to see another high beyond 152.12 then a huge fall to 147 area
Recommendation:
Sell limit entry at 152.35 SL 152.90 TP 147.75
I may prefer to sell @ 152.25
For not to lose the big downfall